Business

Worst for rupee seems to be over; likely range 67-68/USD by Dec: HDFC Bank

Worst for rupee seems to be over; likely range 67-68/USD by Dec: HDFC Bank

span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} The rupee has suffered significant losses this year but the worst seems to be over and the domestic is expected to be in the range of 67-68 against the US dollar by December, according to an economist with The rupee ended below the 70-mark against the US dollar for the first time ever on August 16 and has […]

SAIL prepares to exit non-operational, non-performing joint venture firms

SAIL prepares to exit non-operational, non-performing joint venture firms

span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} India's largest steel maker has started the process to exit some of its that are either non-operational or non-performing, the public sector major has said in a report. The steelmaker is also exploring options to monetise its investment in certain JV companies, the latest report said. "has initiated actions for closure/exit from certain (JV) which are either non-operational […]

Formidable Oppn can free India from ‘reign of fear‘ in 2019: Chidambaram

Formidable Oppn can free India from ‘reign of fear‘ in 2019: Chidambaram

span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} Senior Congress leader P has said that a formidable alliance of opposition parties can be stitched together to defeat the BJP and free India from the "reign of fear" in the 2019 election. Chidambaram, however, avoided directly answering a question on the leadership issue or who would be the prime ministerial candidate of the alliance, saying it is […]

Bustling market for Hajj spells need for greater international governance

Bustling market for Hajj spells need for greater international governance

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} More than 2 million Muslims are currently gathering in ahead of the annual Hajj, which begins on August 19. As long as they are fit and financially able, the is an obligatory act of worship that followers of Islam owe to God once in their lifetime. Reenacting the faith-testing ordeals of Ibrahim (Abraham, […]

Trai not into PR role, does its job transparently: R S Sharma on detractors

Trai not into PR role, does its job transparently: R S Sharma on detractors

span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} Unfazed by industry's criticism of some past decisions, chairman R S Sharma has asserted that the regulator is not into a PR role, but is, rather, doing its job transparently with wide stakeholder consultation in the interest of consumers and the sector. In his first interview after winning a second term at the helm of Trai, Sharma said […]

Discussion in country gaining momentum for having simultaneous polls: Modi

Discussion in country gaining momentum for having simultaneous polls: Modi

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} Days after the Election Commission ruled out the possibility of holding both Lok Sabha and Assembly polls simultaneously, Prime Minister Narendra on Sunday said the issue of was gaining momentum as people were sharing their views on it. "A discussion in the country is gaining momentum for having in states and Centre. People […]

Commercial mining will end coal shortage: Former CIL chief P Bhattacharya

Commercial mining will end coal shortage: Former CIL chief P Bhattacharya

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} 2018 has again seen unable to meet rising demand for the mineral. This has again drawn attention to the sector, another reason being the release of a report by a government committee which recommends commercial mining. PARTHA SARATHI BHATTACHARYA, a member of this panel and a former chairman of government-owned Coal India, speaks […]